The downside risk scenario of oil prices dropping to USD60/bbl looks increasingly plausible, with Brent crude falling to USD83/bbl as of late this week. This is having a severe negative impact on oil...

As a result of its isolation by the West, we expect Russia to accelerate a pre-existing trend of developing closer relations with China. Moscow and Beijing have long resented US attempts to roll back...

Brazilian President Dilma Rousseff's second term will bring only piecemeal political and economic reforms, meaning that growth will continue to stagnate in the coming years.
The president will enter...